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Economy and Policy

Economy and Policy latest

US Aircraft Carrier in the Arabian Sea
July 16th, 2026 - 06:46 GMT
P. Choiaqo

P. Choiaqo

Saudi Arabia to buy $2 billion worth of weapons from the US

ALBAWABA - The sale of an estimated $1.96 billion worth of weapons focused on air defenses to Saudi Arabia has been approved, according to the U.S. State Department. The weapons sought by the Kingdom of Saudi Arabia are around 20,000 Advanced Precision Kill Weapon Systems and its warheads which are described as "an inexpensive way to destroy targets while limiting collateral damage in close combat.” According to the U.S. Navy ...
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Al Bawaba
February 16th, 2014 - 01:00 GMT

No more royal Sugar Daddies for Morocco's sweet cane industry

Al Bawaba
February 16th, 2014 - 11:10 GMT

Dubai Customs claims Golden Peacock Global Award for CSR

Land transport activity is continuing at 80,000 trucks per year
February 16th, 2014 - 09:55 GMT

Jordan, Iraq stress oil pipeline still on track despite financial 'mishap'

Pan-Arab advertising outlets claimed the largest market share of the advertising industry in 2013 (File Archive)
February 16th, 2014 - 09:15 GMT

MENA's advertising industry: Why recent profit declines are making headlines

Last year, Maaden inaugurated a second major development, a $10.8 billion aluminium joint venture with US-based Alcoa
February 16th, 2014 - 07:28 GMT

Saudi Arabia plans industrial complex around phosphate mine

Al Bawaba
February 16th, 2014 - 06:31 GMT

DED leads rating of retail outlets for service quality, fair pricing and consumer rights protection

Al Bawaba
February 16th, 2014 - 06:14 GMT

Samsung puts the curve into UHD, the customized into your kitchen and the best viewing and productivity into your tablets

"Economic epic would be realized by people’s participation and the government would succeed in reviving the economy,” he added.
February 14th, 2014 - 08:29 GMT

Rouhani to launch probe on $3billion worth of missing public money

Al Bawaba
February 13th, 2014 - 01:00 GMT

Makes perfect sense! The IMF is unbelievably optimistic about Iran's economic prospects

Based on an oil price, Kuwait could generate a budget surplus of around KD12 billion ($31.65 billion) in 2013/14 fiscal year
February 13th, 2014 - 07:55 GMT

How Kuwait's massive spending is slowly destroying its budget plans

The pharmaceutical industry is expected to experience sustainable growth in the medium to long term. Saudi Arabia is expected to maintain its position as the largest pharmaceutical market within the Gulf in the foreseeable future.
February 13th, 2014 - 03:55 GMT

An unhealthy industry: MENA pharmaceuticals industry at critical juncture

The waste and underutilisation of female human capital and capacity is a major drag on the performance and growth prospects of Arab economies.
February 12th, 2014 - 05:22 GMT

'The real Arab Spring is about women and economic development'- says Dr. Nasser Saidi

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